Finance
Cost cutting helps IGT limit Q3 losses
International Game Technology (IGT) said efforts to reduce costs in the third quarter helped limit the business’s net loss, while a strong performance from its…
Detroit commercial casinos post $101.4m in revenue for October
Detroit’s three commercial casinos reported $101.4m in revenue for October, including $7.6m from sports betting, while the Michigan Gaming Control Board has approved the renewal…
Indiana sports betting records tumble in October
The Indiana Gaming Commission has revealed that the state set new records in sports betting revenue and handle for the second consecutive month in October.…
Minnesota’s Canterbury Park sees Q3 revenue fall 28.5%
Minnesota-based racetrack Canterbury Park rebounded strongly from the novel coronavirus (Covid-19) disruption in Q3, though ongoing capacity restrictions and weakened customer demand meant revenue remained…
US acquisitions drive Century Casinos to record growth in Q3
Century Casinos has credited increases in revenue and profit for the third quarter to the impact of its acquisition of US casino properties from Eldorado…
Iowa sports betting revenue up 60.8% in October
The Iowa Racing and Gaming Commission revealed that sports betting revenue rose 60.8% year-on-year in October, aided by strong growth in online handle for the…
Covid-19 continues to wreak havoc on Wynn performance in Q3
A 77.5% year-on-year drop in revenue to $370.5m and a hefty tax provision meant Wynn Resorts swung to an $831.5m net loss in the third quarter of 2020.…
Full House sees net profit rocket in Q3 following casino reopenings
Full House Resorts has reported a 721.8% year-on-year rise in net profit for the third quarter, as the regional US casino operator’s properties rebounded from…
Slow Vegas recovery hurts enlarged Caesars’ Q3 performance
Caesars Entertainment’s third quarter results offer further proof that Las Vegas is enduring a slower recovery than regional gaming markets, with revenue falling on a…
Regional focus helps Golden Ent recover in Q3
Casino operator Golden Entertainment said that its diversified, regional property portfolio helped the business rebound from its novel coronavirus (Covid-19) shut-down in the third quarter…
State of the Union: Elections, Scientific Games, Tennessee and more
This week’s State of the Union, in partnership with Segev LLP, covers ballot results in Maryland, Louisiana and South Dakota, the launch of legal sports…
SG sees igaming and lottery growth offset by gaming declines in Q3
Scientific Games reported an 18.4% year-on-year decline in revenue for the third quarter of 2020, after growth in its lottery, digital and social gaming arm…
PlayUp raises $25m for US launch
Australia-based betting operator PlayUp has raised $25m to fund its entry into the US market. PlayUp, which is already licensed in New Jersey and Colorado,…
Everi reduces Q3 declines as casinos reopen
Gaming and financial technology provider Everi Holdings said the reopening of casinos across the US helped the business recover from the novel coronavirus (Covid-19) shut-down…